China Mining News

Siemens to equip Chinese aluminum factories with drive technology

Medium and low voltage drives for rolling mills

Iron ore nears $80 a tonne

Prices for the steelmaking material have increased almost 50% since its 2017 lows.

China to ban primary mercury mining by 2032 as convention comes into force

China will ban the production and trade of a range of products containing mercury by 2020.

China's Chalco plans $500m investment in Guinea bauxite project

The deal comes after a trip by the Guinean mines minister, Abdoulaye Magassouba, to China and follows other major Chinese investments in the resource-rich West African nation.

UK lithium start-up gets $1.3 million to build new mine in Cornwall

Claims that Cornwall is sitting on a multibillion-dollar lithium bonanza will soon be tested as newcomer Cornish Lithium has now enough money to start exploring the region.

Zinc project in Greenland receives Chinese backing

China Nonferrous Metal Mining Group is a state-owned Chinese corporation with mines in Zambia, Mongolia and Thailand.

Indian centenary iron ore mine goes solar

Tata Steel has just inaugurated India’s first solar power project located at an iron ore mine

Iron ore price makes fresh high above $70

Iron ore price has surged by more than 40% in less than two months as Chinese steelmakers chase high-grade imports.

China aluminium soars due to capacity closures

The news around China’s pollution crackdown spiked investors concerns

Good and bad news from Japan-China oil sands projects in Canada

On the bright side, the companies have started production of ultra-heavy crude oil at their Hangingstone Oil Sands Project in Alberta

Copper price jumps to highest since 2014

Customs data show rebound in Chinese copper imports in July.

Lithium processors prepare to meet demand in era of electric car

Producers of processed lithium - an essential element for batteries used in electric cars - are agreeing long-term contracts with their customers to fund the investments needed to address a looming shortfall.

Iron ore soars at $76 a tonne

The steelmaking raw material hit its highest level since April driven by the demand of China’s steel industry

Yancoal seeks $2.5bn from investors to pay for Rio’s Aussie coal mines

Former rival bidder Glencore will subscribe to $300 million worth of the rights offer.

Rio Tinto’s first-half profit soars 93%, investors getting $3bn back

The company will return a total of $3 billion to shareholders: $2 billion on the dividend side and $1 billion of share buybacks.

Philippines says open pit mining ban to stay put

Environment and Natural Resources minister Roy Cimatu also said there was no rush to make decision on suspended, closed mines.

Upbeat China data sends iron ore soaring, climbs the most in 8 months

Ore with 62% content in Qingdao jumped 7.2% to $73.70 a tonne, according to the Metal Bulletin, the highest price since April 11 and the largest one-day percentage gain since December 1, 2016.

Glencore acquires half of former Rio coal mine in Australia

The Anglo–Swiss multinational announced that it signed agreements with Yancoal Australia regarding the acquisition of a 49 per cent interest in Rio Tinto’s former coal assets in Australia's Hunter Valley

Copper price surges to 2-year high

Chinese data, tight supply light fire under copper price launching copper mining stocks higher – Freeport up 15%.

US steel production falls back in June

After strong start to 2017, US steel output growth for the first six months slows to just 1.3%.

Price recovery sparks domestic Chinese copper, iron ore production boom

As steel production reaches all-time high Chinese miners pump out most iron ore since 2015 while refined copper output jumps 12% to highest in 18 months.

U.S., Chinese officials conclude contentious economic talks, steel stocks soar

The United States and China failed on Wednesday to agree on major new steps to reduce the U.S. trade deficit with China, casting doubt over President Donald Trump's economic and security relations with Beijing.

China Minmetals, China National Gold 'unaware' of merger talks

Sources with knowledge of the matter told Reuters on Tuesday that China was considering a merger between the two major metals and mining firms as Beijing pushed to consolidate its bloated state-run enterprises to help increase efficiency and competitiveness.

Peru hit by nationwide mining strike; govt says situation ‘under control’

The indefinite labour action involves 56 unions, which are protesting a government’s proposed reform they see as "anti-workers".

Iron ore soars past $70 a tonne

Prices have climbed almost 7% since Monday and almost 32% since the recent low of $53.36 a tonne hit on June 13.